Final Loan Modification:

Lender: NationStar - [ID: #0003]

Before

Homeowner was 11 months behind on monthly mortgage payments of $1,765.72 with an interest rate of 6.75%.

After Loan Modification

Homeowners were approved for a permanent Nationstar loan modification through the Making Home Affordable program (HAMP). They are saving $689.58 per month with their new monthly mortgage payments of $1,076.14. Their interest rate will be 2% for the first five years, 3% for the sixth year, and 4% for the seventh year until the interest rate is fixed at 4.75% for the remainder of the loan.

Recent Loan Modification News

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